NVE Corporation In Perspective (NASDAQ:NVEC) | Seeking Alpha
NVE Corporation reported fiscal 2020 fourth quarter and full-year results on May 6th. Its performance is more relevant when viewed in perspective.
Revenue declined YoY but not at the rate of the industry. NVE generated record operating cash and net income. Its cash balance should help protect future dividend payments.
Its cash should also position NVE to weather the pandemic. More importantly, the focus of its spintronics products should position the company to deliver technology necessary in a post-pandemic recovery. Read more…